Colorado Goldfields Inc. (fka CGFI)

[sanbrunobaby]

I must be missing something. The company has already presented that (a) they are going into production sept/oct (b) forecast revenue and gross profit percentage. (c) headlined press releases about $200 + million in value.

All I am saying since they have made such projections, that to build credibility they should release key information, update the timetable- quite the opposite of pump and dump IMO.

Why is it that they can forecast revenue and gross profit %, and not what it takes to get there. Even if negative news such as (a) re-opening delayed or subject to final approvals of conidtions (b) requires X amount of capital (c) current forecast operating costs are Y ( they released initial forecast costs on 2009 powerpoint for example.

We are in agreement they should be conservative and not enter pump and dump category, and that they need to build story on results. A question-shouldnt management be accountable for meeting their own projections ?